MARKETS

Wole Tokede Effective from today, Monday, May 9, 2016, The Nigerian Stock Exchange (NSE) has commenced the use of enhanced Compliance Status Indicator (CSI) codes on the ticker tape for listed companies on The Exchange. The Exchange which made this known today in a press statement said this was part...

Shareholders of Fidelity Bank Plc have approved 16 kobo per share dividend totally N4.6 billion for its financial year ended December 31, 2015. With this, the bank has maintained a tradition of consistent dividend pay-out for the past 10 years. Speaking at the Bank’s Annual General Meeting (AGM) held in...

The NSE All-Share Index and Market Capitalization appreciated by 2.55 to close the week at 25,701.60 and N8.841 trillion respectively. Similarly, all other Indices finished higher during the week, with the exception of the NSE Insurance Index, that declined by 0.78 per cent. The market witnessed four days of trading...

Trading activities on the Nigerian Stock Exchange (NSE) on Thursday ended negative, for the second day running, with the market indicators dropping further by 0.59 per cent. The Market Capitalisation which opened trading at N8.845 trillion decreased by N52 billion or 0.59 per cent to close at N8.793 trillion. Equally,...

The All Share Index (NSE ASI) of The Nigerian Stock Exchange(NSE) and the Market Capitalization decreased by 0.58%, while the Year-to-Date return stood at -10.22%at the end of market transactions on Wednesday. The All Share Index closed at 25,716.06 against the previous close of 25,865.50 while Market Capitalization closed at...

Fidelity Bank shares on The Nigerian Stock Exchange have taken a bashing on the exchange have falling into a two-month low after the Economic and Financial Crime Commission (EFCC) detained the bank's chief executive last week, prompting it to appoint an acting chief. Shares in the mid-tier bank fell 7.7...

As the deadline for quoted companies to submit their audited report and accounts for the year ended December 31, 2015 expired last week, there are strong indications that the Nigerian Stock Exchange (NSE) may sanction Unity Bank and 31 other listed companies over non compliance. Post-listing rules at the NSE...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 3.20 per cent, while the Year-to-Date return stood at -9.69 per cent. The All Share Index closed at 25,865.50 against the previous close of 25,062.41 while Market Capitalization closed at ₦8.897 trillion against previous close...

Investors in the capital market have lamented the lull in market activities and the huge lose recorded in the Nigeria Stock Exchange (NSE), where investors lost over N1.24 trillion in the first four months of 2016. Market capitalisation (the total market value of the shares outstanding of all publicly traded...

In enhancing performance that would add significant value to stakeholders, FCMB Group Plc, has laid emphasis on strong capital, cost efficiencies, capital optimisation and accelerated growth in retail business. The Group made this known at its third annual general meeting held over the weekend in Lagos, saying, its subsidiaries were...